Mr Loh will chair the audit and nominating committees, while Mr Ng will head the remuneration committee. With just two independent directors left, BM Mobility said that it “will consider sourcing for an additional non-executive or independent director to fill the vacancy of the board committees”.

The other two members of BM Mobility’s board are executive chairman Koo Ah Seang and chief executive Tay Wee Kwang. However, Singapore bourse guidelines call for independent directors to make up at least one-third of the board.